Lincoln National third-quarter profit declines

LOS ANGELES (MarketWatch) -- Insurer Lincoln National Group
LNC, +0.34%
late Wednesday said third-quarter net earnings were $143 million, or 44 cents a share, compared with $246 million, or 75 cents a share, a year ago. Revenue was $2.55 billion compared with $2.61 billion a year ago. Income from operations during the most recent period was $317 million, or $1 a share, with that figure coming in higher than the estimated 63 cents expected, on average, by analysts polled by Thomson Reuters.

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